Earlier I used to trade on stocks exchanges, commodity exchanges and now I trade on cryptocurrencies exchanges.
It is always interesting to learn about these ways of growing our moneys thru investments and tradings. While some people says it is very speculative to invest via tradings, but if you can hold your patience and try to watch the movements of the markets, definitely you will make good moneys on the tradings.
Maybe you will ask why I am interested to learn and trade on the latest crypto currencies on the trade platform ?
It starts when I want to return trading to grow my funds. Earlier when I just start to learn to trade, I must trade thru a physical broker via phone. We must keep hear his advices as he is directly on the floor ( means on the markets).
During this period, I still remember the day I made profits for almost $20k only by leveraging my funds and bought the speculative stocks which is being fried (we call it fried, means like you make fried chicken, you will stop fry the chicken when it is fully fried, right and ready to be eaten.) That time, I made several times big profits only by following all the speculants who drive the markets.
But the risks were there too, once I was tied up for some jobs and almost could not monitor the trade, I made a huge losses of almost $20k in 1 hour only. Very shocking for just a beginner like me that day.
Later I learned to trade on the commodities. I remember I have to flied to Singapore and met a VP of a big commodity broker who later became my best friend. It was long time ago. But I tried to trade thru a broker in Indonesia, put cash deposits and started to trade. First few days, I made good profits out of my investments, where to open an account with this broker, I must deposit minimum aprox 20k. But later again due to my busy tied up on some assignments, I made tremendous losses. I stopped due to shock. :)
But I never feel totally shock. Later some agent offer me again to enter the trade. We became friends and start to open the account again with a minimum deposit of 20k. long to short, made several profit trades but end up with 30% losses against my initial investments. So again I quit and withdraw all my funds, as I did not want to loose totally that time.
Feeling shocked and feel dont want to try and enter the markets again. But I went to know about this cryptos. That time I learned and learned but did not try to test the water. Enough, that's what I feel.
But this time it was totally different, in crypto currencies, you can get free coins by doing some efforts. This is where I start to learn by accident. I said it was an accident as I enter this crypto currencies things as I was offered free coins. Got free coins only for registration, got another extra coins only for keep logging in to the wallet once a day, got another extra coin when you brought new friend or referrals. Got excited and did some campaigns on various traffic exchanges, some lists, some banners promotions, and bla bla bla finally I got hundreds downlines under me. Got so many free virtual currencies coins. So now what ? So many coins but how to make money from this coin ?
I remember I own several hundreds free coins. So I register to several exchanges, like bleutrade and novaexchanges. I thought I must invest more money compared to the free coins only to start my trades. But again, I was surprised. No minimum deposits. Wow, this is the beauty of the said crypto currencies.
No minimum deposits, no minimum trade, and you can make big profits from trade. What else do you expect ?
Again, long to short, I made quite good profits from trading the free coins. Great huh ?
Then after feeling bored trading only the only free coins I owned, I start to trade against bitcoins, litecoin and doge coin. I review all their backgrounds, the history and the stories. Made some monies but also some losses. That's the markets.
While I start to open an account with physical exchanger in Indonesia, I started to submit my ID card, my personal photo and other verification documents. Still not very hard but quite taking time. Finally got my first verified accounts. Start to trade and made couple bucks and I pool all my cryptos to this exchanger accounts. Got several wallets finally.
The benefits trading with local exchanger, we can see our total value of our investments in local currencies. And still the minimum deposits for trading cryptocoins is very low. Even with about $2 you can start to trade and made profits.
The key is you must be patient. Dont rush and always monitor the graphic movements.
The last turbulences in crypto worlds, I made quite good profits. Once you become familiar in the markets, youcan predict when the time to buy and time to sell and made pofit. Sometimes still we made error. We thought it is already low but to my surprise, the price go below deeper and deeper. The key is keep cool and dont be panic.
Start with small investments like $20 then gradually increase to $50 and higher so you can absorb the feelings.
Now I just start to guide and train several friends who later found my investing on cryptos. First of all, I told them that I gave the guidance and trainings but I dont want to be blamed if the markets crashed. They agreed and lucky, they made profits. So it is good to learn based on experiences and share our experiences and become "coach" to the new comers so they will become the next market supporter for our crypto markets.
On overal, trading stock versus trading crypto coins and tokens, it seems that the advantages is still on Cryptos.
Because on trading Cryptos, you can start with a very low investments and start to learn and feel the water.
One trade I remembered very much is the Bitcoin Diamond. It start to be listed with only around $0.16 / coin and only in 7-14 days, it was traded at $4.36/coin. 27 times.
Can you imagine if you have $1000 cash and you invest in this Bitcoin Diamond @ $0.16 / coin then you got 6,250 coins and keep for 7-14 days and sold it for total $27,250. Can you imagine ?
It never happen everytime but it might happen repeatedly in other time. So try to learn and test the water.
At least you may have a beautiful experiences and if you are lucky, you will become rich.
See you in the markets.
